Top Posters
Since Sunday
L
3
d
3
y
3
a
3
n
3
d
3
e
3
d
3
c
3
p
3
M
3
a
3
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
ʎddɐɥ ʎddɐɥ
wrote...
Go to Answer
Posts: 293
Rep: 0 0
7 years ago
The following selected balance sheet information is available for Elmer, Inc.:
       2006          2005            2004     
Cash and cash equivalents   $ 642,000   $ 597,000   $ 625,000
Inventory   633,000   704,000   703,000
Current liabilities   1,141,000   1,115,000   1,141,000
Total assets   3,628,000   3,750,000   4,033,000
What are the common-size values for cash for 2006 and 2005?
   2006   2005
A)    102.7   95.5
B)    17.7   15.9
C)    15.9   14.8   
D)    97.4   93.0
Read 97 times
1 Reply
Replies
Answer verified by a subject expert
mourningbirdmourningbird
wrote...
#1
Top Poster
Posts: 726
Rep: 1 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics

ʎddɐɥ Author
wrote...

7 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Katey_maree
wrote...

Yesterday
Brilliant ツ
vanna2014
wrote...

2 hours ago
Just got PERFECT on my quiz
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1140 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 261
  
 313
  
 285
Your Opinion
How often do you eat-out per week?
Votes: 81
Previous poll results: Should Ph.D.'s be addressed as doctors?